Understanding Monopoly in Technology by Gunjan Sharma

Let's understand what monopoly by technology companies is.  What is monopoly? Can you imagine a day without one or more of these ...

Explained for kids: What is protectionism?

Suppose you can make a chocolate for 10 rs in India. Now, suppose another country can make the same chocolate for 5 rs. They agree to sel...

Explained for kids: What is GDP? What are the 3 sectors of an economy?

There is a village. The village has 3 farmers, 2 weavers, and one moneylender. In one year, the farmers grow crops worth 300 rupees. ...

How is Coronavirus testing done using the RT-PCR method? What did IIT Delhi just create?

Viruses are really, really tiny. And they are different from us. We have 2 strands of DNA. (Our genes are carried by the DNA in the form ...

What is an ordinance in India?

Normally, a law in India is made only after all the parts of the legislature have had a chance to go through it and discuss it. This is how...

What is a Class Action Suit?

What is a Class Action Suit? Some of you must have seen the movie, Erin Brokovich. In this movie, a lady realises that a gas company is...

What is Convalescent Plasma Treatment - An Insight

Convalescent (pronounced as kon-vuh-LES-sunt, meaning 'recovering from an illness') plasma treatment is currently being tried to cu...

Stock Index, Bull run, Bear Market, and Market Capitalisation

Stock Index It is a way of measuring the performance of a group of stocks e.g. Nifty 50 tracks 50 companies listed in the stock exchange. ...

Repo, Reverse Repo, and CRR

What is Repo Rate? The rate at which banks borrow money from the RBI to meet their day to day obligations. If the repo rate is low, then b...

How Banks Work - Explained for 7 year olds (and above)

Some readers asked for a simple explanation video for our younger readers. And here it is! We asked the in-house video-maker to create a...

What do banks really do, and how do they make money?

Let’s understand what a bank is, and how it makes money. Asha works in an office and saves 20% of her income every month. This income wil...

Inflation, CPI, CPFI, and other hard terms - demystified

Suppose you want to track the price of wheat for 7 years. Let’s assume that the price of wheat in 2012 was 15 rs a kilo. In 2013, it beca...

The CPI and CPFI Special Edition - February 13th 2020

Today's is a special edition. Do you know why? When we hear words like CPI, CPFI, GDP, PCI, etc., many of us mentally switch off, beca...

Archaeology and IT - The Children's Post, 19th January 2020

Yay!! Sunday again! The lead news is from archaeology - where Egyptologists are celebrating a unique find! The second news is from the w...

Why do we need a high Forex Reserve? - Explained for children

A country that has high foreign exchange reserves ( reserve: something we have stored, not for using now, but for a time when the need ar...

What is Ransomware and Cyber Insurance

Ransomware is a special type of program that locks all the data in a computer, then asks for money to unlock that data . Cyber insur...

What is the Right to Information Act?

What is the Right to Information Act, 2005? The Right to Information Act (RTI) Act of India is a law that was passed in India in 2005 to en...

What is Capital Expenditure and Operational Expenditure

Capital Expenditure is when we buy something new – like building a new railway line. Operational Expenditure is what we need to spend j...

GK Spot Quiz - December 19th, 2019

Dear Readers Today, is the last of our Spot Quizzes - GK! But don't worry. If you have read The Children's Post, this quiz shou...

What is KYC? Know Your Customer

Know Your Customer: This is a verification process that all banks and companies have to do to ensure that the customer is genuine. Usually...